Raised Bill No. 5445, introduced in the February Session, 2024, pertains to the electric grid interconnection points. The bill mandates that by January 1, 2025, the chairperson of the Public Utilities Regulatory Authority (PURA) must report to the joint standing committee of the General Assembly with jurisdiction over energy matters. This report should detail the status of any docket proceedings where PURA is considering a program to distribute the initial costs of new electric grid interconnection points among several renewable energy project developers. Additionally, the report should include any legislative recommendations related to this docket.

The bill specifies that it will take effect upon passage and introduces a new section to the statutes. The purpose of the bill is to ensure that the General Assembly is informed about PURA's work regarding the cost-sharing of new electric grid interconnection points among multiple renewable project developers. The bill does not include any deletions from the current law but adds new legal language to the existing statutes.